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  3. Read the texts from an article in which five economists talked about the recession. For questions 61 to 65, match the name of ea

Read the texts from an article in which five economists talked about the recession. For questions 61 to 65, match the name of ea

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问题 Read the texts from an article in which five economists talked about the recession. For questions 61 to 65, match the name of each person(61 to 65) to one of the statements (A to G) given below.
   Simpson    The global financial crisis of 2008—2009 began in July 2007 when a loss of confide- nce by investors in the value of securitized mortgages in the United States resulted in a liquidity crisis that prompted a substantial injection of capital into financial markets by the United States Federal Reserve, Bank of England and the European Central Bank. The TED spread, an indicator of perceived credit risk in the general economy, spiked up in July 2007, remained volatil (反复无常的) for a year, then spiked even higher in September 2008, reaching a record 4.65% on October 10, 2008.
    Amy    In September 2008, the crisis deepened, as stock markets worldwide crashed and en- tered a period of high volatility, and a considerable number of banks, mortgage lenders and insurance companies failed in the following weeks. For many months before September 2008, many business journals published commentaries warning about the financial stability and risk management practices of leading US and European investment banks, insurance firms and mortgage banks consequent to the subprime mortgage crisis (次贷抵押危机).
    Oliver    The ultimate point of origin of the great financial crisis of 2007—2009 can be traced back to an extremely indebted US economy. The collapse of the real estate market in 2006 was the close point of origin of the crisis. Beginning with failures caused by misapplication of risk controls for bad debts, collateralization (附带，并行) of debt insurance and fraud, large financial institutions in the United States and Europe faced a credit crisis and a slowdown in economic activity.
    Wright    The crisis rapidly developed and spread into a global economic shock, resulting in a number of European bank failures, declines in various stock indexes, and large reductions in the market value of equities and commodities. Moreover, the de-leveraging of financial institutions further accelerated the liquidity crisis and caused a decrease in international trade. World political leaders, national ministers of finance and central bank directors coordinated their efforts to reduce fears, but the crisis continued.
    Judith    By March 9, 2009, the Dow had fallen to 6440, a percentage decline exceeding the pace of the market’s fall during the Great Depression and a level which the index had last seen in 1996. On March 10, 2009, a countertrend Bear Market Rally began, taking the Dow up to 7900 by March 26, 2009. Financial stocks were up more than 60% during this rally. By April 14, financial stocks had rallied more than 90% in just over a month.
    Now match each of the persons to the appropriate statement.
    Note: there are two extra statements.   
                                 Statements   
A. After financial stocks hit the lowest on March 9, 2009, a countertrend Bear Market rally began.   
B. In September 2008, the crisis deepened, mortgage lenders and insurance companies failed in the following weeks.   
C. The crisis rapidly developed and spread into a global economic shock, because of the failures of a number of European banks.   
D. The crisis rapidly developed and spread into a global economic shock, leading to a number of European bank failures.   
E. The beginning of the global financial crisis is a loss of confidence by investors in the value of securitized mortgages in the US in July 2007.   
F. Many business journals published commentaries warning about the financial stability because they were able to predict the future economy.   
G. The ultimate point of origin of the great financial crisis of 2007—2009 can be traced back to an extremely indebted US economy.
Simpson
选项
答案E
解析 主旨题。讲经济危机的背景，主题在原文第一段的一、二两行。
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